13818 MALCOLM AVENUE
About This Property
The home has been completely renovated throughout, featuring updated finishes, modern living spaces, and a functional split floor plan. Recent major improvements include a new roof, new AC, and a new motor in the pool pump, offering efficiency and long-term confidence.
Located in the desirable Hudson Beach Estates, close to beaches, marinas, dining, and entertainment. No HOA. Whether you're looking for a primary residence, second home, or waterfront investment, this property checks all the boxes.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017